In this talk, Andreas ponders the concept of "killer apps" within the constraints and capabilities of blockchain ecosystems, and what the essence of Ethereum is. He also examines the recent influx of money sharks and ICO hype, and what happens when we're too excited to resist the siren song of riches and pass an engine test before aiming for the big boom of a moon orbit. A rocket is what happens when you do governance on explosives, and great power requires even greater responsibility.

This talk took place on March 15th 2017 during the Cape Town Ethereum meetup at the Deloitte Greenhouse in Cape Town, South Africa: https://antonopoulos.com/event/cape-town-ethereum-meetup/

RELATED:The Lion and the Shark: Divergent Evolution in Cryptocurrency - https://archive.org/details/TheInternetOfMoney-Volume2/2-11-TheLionAndTheShark_DivergentEvolutionInCryptocurrency.mp3The Killer App: Engineering the Properties of Money - https://youtu.be/MxIrc1rxhyIICOs and financial regulation - https://youtu.be/Plu_WX3Gs8EGovernance trade-offs in decentralised systems - https://youtu.be/dtwaW79Fj7cTheDAO - Why failure is a necessity for learning - https://youtu.be/2KZTx8IYc9sInitial coin offerings (ICOs) - https://youtu.be/Q5R8KuxV4A0The token ICO explosion - https://youtu.be/vdaW8NtJXuQAltcoins and the scaling debate - https://youtu.be/slbpdW-H3ykThe Scaling Rites of Passage - https://youtu.be/rZi86_ovB3Y

ABOUTAndreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonopWebsite: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

Subscribe to the YouTube channel to learn more about Bitcoin & open blockchains! https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ

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Read more:“Mastering Bitcoin” - https://www.bitcoinbook.info/“The Internet of Money” - https://theinternetofmoney.info/

Originally published as a YouTube video: https://www.youtube.com/watch?v=OWI5-AVndgk&list=PLPQwGV1aLnTu0KFDbHk4AUiiyce0xLX7p&index=12